Share Market - Angel One - Page 327

Paytm reported its Q4 results today and saw a significant widening of losses in Q4FY24. The company’s net loss surged to Rs.550 Cr compared to Rs.219.8 Cr in the same period last year. This substantial increase in losses was attributed to temporary disruptions related to the Unified Payments Interface (UPI) transition and a more permanent …

Ircon International, or Indian Railway Construction International Limited (IRCON), is an Indian engineering & construction corporation, specializing in transport infrastructure. The public sector undertaking was established in 1976, The Government company has received its Q4 FY 2023-24 results today. Q4 Performance of IRCON International Ltd. IRCON International Ltd. has reported a fall of 4% in …

The stock of Zee Entertainment Enterprises Ltd (ZEEL) was seen buzzing on the bourses on Tuesday. The shares jumped about 4.8% and ended near the day’s high. However, the year 2024, up until the first half of May, had not been kind to ZEEL, with the stock price plummeting more than 40%. Yet, a recent …

Bharat Heavy Electricals Limited (BHEL) is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacturer. It is owned by the Government of India, with administrative control by the Ministry of Heavy Industries. The PSU company has received its Q4 FY 2023-24 results today after market hours. Q4 Performance of BHEL …

On Tuesday, the market closed mixed amid volatility, with the Nifty holding above 22,500. The market cap of BSE-listed companies crossed USD 5 trillion. The Sensex slightly declined by 0.07%, closing at 73,953.31, while the Nifty gained 0.12% to close at 22,529.05. Nifty Metal, Nifty PSU Bank, and Nifty Energy closed positively, whereas Nifty FMCG, …

During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Hindustan Construction Company Ltd Hindustan Construction Company Ltd saw a significant price volume breakout today. The stock hit a high of Rs 41.25 with a traded volume of 56,696,021 shares, closing at Rs …

RateGain Travel Technologies Limited is a global provider of SaaS solutions for the travel and hospitality industry, serving in more than 100 countries by focusing on accelerating revenue generation through customer acquisition, retention, and wallet share expansion. Strong Quarterly Performance  RateGain announced impressive financial results for Q4FY24 today. The firm’s net profit rose 48% YoY …

On May 21, 2024, Balu Forge Industries Limited (BFIL) informed the exchanges that the company had acquired three state-of-the-art forging production lines capable of manufacturing 72,000 tons of forged products. This setup includes a 16-ton closed die forging hammer, a 10-ton closed die forging hammer, and an 8,000-ton capacity mechanical press. These lines will be …

On May 20, 2024, Apollo Pipes informed the stock exchanges that the company is adopting a new line of business, which falls in the domain of UPVC Doors and Windows Profiles. This new line of business is an extension of the product range in the polyvinyl chloride (PVC) segment. The company stated that UPVC Doors …

The Supreme Court of India has provided major financial relief to Bharti Airtel, Vodafone Idea, and Tata Communications by waiving the interest on their substantial tax dues, saving them around Rs.3,000 crore. October ’23 Judgment In October 2023, the Supreme Court reversed a 2013 Delhi High Court ruling. The Court declared that annual license fees …